Corporate Operations: Page 20
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Retrieved from J&J Snack Foods.
Deep DiveThe stealthy snacking giant behind Dippin’ Dots, Icee and other treats
While J&J Snack Foods may not be a household name, the company has drawn praise for its “unique collection” of category-leading brands and nearly recession-proof business model.
By Christopher Doering • Oct. 21, 2024 -
Courtesy of Mars, Inc.
Mars taps C-suite veteran to oversee digital tech
Marina Bellini, previously COO at Brazil's Itaú Unibanco, will join candymaker Mars as president of the company's Global Business Services organization.
By Roberto Torres • Oct. 17, 2024 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Permission granted by Nestlé USA
Nestlé overhauls senior leadership, operating structure amid slowing sales
The changes come as the world's largest food company cut its growth outlook for the full year and warned of sluggish consumer demand.
By Christopher Doering • Oct. 17, 2024 -
Scott Olson via Getty Images
Hershey invests $500M to improve cocoa farming struggles
The confectionery giant is working with cooperatives in Côte d’Ivoire to partner with growers as a way to standardize cocoa cultivation and lift profits.
By Elizabeth Flood • Oct. 17, 2024 -
Permission granted by HumanCo
Hundreds protest food dyes in cereals outside Kellogg headquarters
An activist investor is leading the charge to urge WK Kellogg Co to honor previous commitments to remove artificial colors from cereals.
By Chris Casey • Oct. 16, 2024 -
Retrieved from Ferrero.
Ferrero’s Butterfinger debuts first major innovation in nearly a decade
The Salted Caramel bar, which debuts in April, is the first limited-time offering for the century-old brand under the Nutella owner. Similar changes are expected for Crunch and Baby Ruth.
By Christopher Doering • Oct. 15, 2024 -
Scott Olson via Getty Images
Candy producers using less chocolate this Halloween amid record cocoa prices: Wells Fargo
Hershey and other big chocolate producers are turning to gummies and other candy to offset supply issues with the crop.
By Chris Casey • Oct. 14, 2024 -
Permission granted by Blake's
How a third-generation farmer turned his small family apple farm into a $54M cider business
Blake’s Hard Cider, which has grown to be a multi-million dollar national business, developed out of a 77-year-old apple farm in Michigan.
By Jennifer Lawinski • Oct. 14, 2024 -
Courtesy of Kraft Heinz
Kraft Heinz ‘betting big’ on reaching consumers away from home
The ketchup and Mac & Cheese maker said its foodservice unit is “an integral strategic building block” to growing its business and raising brand awareness.
By Christopher Doering • Oct. 14, 2024 -
Courtesy of Tilray Brands
Tilray CEO optimistic about cannabis legalization after election
The Canadian company believes its marijuana-infused products are positioned to benefit no matter the outcome in November.
By Chris Casey • Oct. 11, 2024 -
Courtesy of Keurig Dr Pepper
ColumnThe Weekly Sip: Keurig Dr Pepper serves Shirley Temple 7UP | Constellation taps CPG veteran as executive VP
In other beverage news, a new player in the whiskey category hopes to stand out with the help of a bourbon trailblazer.
By Chris Casey • Oct. 10, 2024 -
Permission granted by Frito-Lay North America
Q&APepsiCo Foods creative chief on in-housing and ‘borderless’ content
Chris Bellinger discussed the demands of an always-on content strategy and bringing back Doritos’ “Crash the Super Bowl” at Advertising Week.
By Peter Adams • Oct. 9, 2024 -
Permission granted by Chomps
How Chomps went from a side hustle to the fastest growing snack in the US
Newly appointed CFO Tim Bosslet said the company is leaning into its simple messaging to attract a wider net of consumers.
By Elizabeth Flood • Oct. 9, 2024 -
Getty Images
Chefs, food manufacturers embrace Gen Z-driven ‘chaos cuisine’
The age cohort currently in their teens and early twenties are interested in international flavor profiles, driving producers to create experimental dishes and products.
By Chris Casey • Oct. 9, 2024 -
Permission granted by Nestle
Nestlé taps into $110B global cuisine markets with Mexican, Asian brands
The debut of Mings and Tapatío allows the food giant to capture growing interest for international cuisine, particularly among Gen Z consumers eager for new flavors.
By Christopher Doering • Oct. 9, 2024 -
Scott Olson via Getty Images
Court denies petition for stronger EPA regulation of large livestock farms
A lawsuit brought by Food & Water Watch would have required farmers to have Clean Water Act discharge permits for their operations.
By Nathan Owens • Oct. 8, 2024 -
Retrieved from Liquid Death.
Liquid Death names former PepsiCo, Coca-Cola exec to lead retail expansion
The appointment of Mike Fine comes as sales for the fast-growing beverage company hit a record $303 million for the year ending in June.
By Christopher Doering • Oct. 8, 2024 -
Courtesy of Chobani
Chobani expands high protein presence with new yogurt
The food manufacturer is appealing to a large audience with an abundance of the popular nutrient, natural ingredients and no added sugar.
By Christopher Doering • Oct. 8, 2024 -
Courtesy of Duckhorn Portfolio
Butterfly Equity to buy Duckhorn Portfolio wines for nearly $2B
The deal is part of a larger consolidation in the high-end wine category as brands adapt to harsh market conditions and changing consumer tastes.
By Chris Casey • Oct. 7, 2024 -
Courtesy of Moët Hennessy
Moët Hennessy invests in nonalcoholic wine brand
The luxury beverage maker’s partnership comes after it reported declining revenue in the sparkling wine category in the first half of 2024.
By Chris Casey • Oct. 7, 2024 -
Permission granted by J.M. Smucker
Q&AInside Smucker’s evolving relationship with US retailers
Robert Crane, who oversees sales, said the Uncrustables maker is collaborating more with stores following COVID-19, supply disruptions and inflation to make sure their strategies are aligned.
By Christopher Doering • Oct. 7, 2024 -
Permission granted by Campbell Soup Company
ColumnLeftovers: Pepperidge Farm rolls into fall | Hormel makes bacon cooking more convenient
The Campbell Soup baked goods brand unveiled rolls with stuffing seasoning, and Fresh Del Monte enters the dessert category with fruit-filled pudding cups.
By Food Dive staff • Oct. 4, 2024 -
Courtesy of Milk Specialties Global
How Milk Specialties Global CEO encourages innovation and creativity
David Lenzmeier said that while food fads come and go, consumers seeking products that are good for them is here to stay.
By Elizabeth Flood • Oct. 3, 2024 -
Courtesy of Kraft Heinz
Food companies have ‘bought the AI hype’ but some are unable to deliver: expert
While optimism remains, the chief technology officer at IFS said manufacturers should hone in on what they need to solve with artificial intelligence.
By Chris Casey • Oct. 3, 2024 -
Scott Olson via Getty Images
Former poultry growers sue Cooks Venture execs for operating ‘defacto ponzi scheme’
The failed startup, which positioned itself as a "next-generation food company," left farmers to pick up the pieces after the company shuttered last November, a lawsuit alleges.
By Nathan Owens • Oct. 3, 2024
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